Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Thursday, June 12
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole
News

WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole

WalletConnect launches its native token WCT on Solana using Wormhole’s NTT, with a 5 million token airdrop to users and plans for multichain governance and incentives.
Arun ShakyawarBy Arun ShakyawarMay 23, 2025Updated:May 23, 2025No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole
WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

WalletConnect announced at the Solana Accelerate conference that the WalletConnect Token (WCT) is now live on the Solana blockchain. This expansion, powered by Wormhole’s Native Token Transfers (NTT), marks the first time WCT has gone beyond Ethereum and Optimism.

To celebrate the integration, the WalletConnect Foundation is conducting a targeted airdrop of 5 million WCT tokens to active Solana users. The initiative is designed to increase adoption and participation in WalletConnect’s governance ecosystem. Partner platforms for the airdrop include prominent Solana-based applications like Phantom, Jupiter, Backpack, and Solflare, with more expected to be revealed in the coming weeks.

Pedro Gomes, founder and director of the WalletConnect Foundation, said: “My career in crypto began with Ethereum, and WalletConnect was initially Ethereum-centric. But our protocol has grown to be chain-agnostic. This expansion to Solana makes WCT truly multichain, and it reflects our deepening engagement with the Solana community and developers.”

Founded in 2018, WalletConnect has emerged as the connective tissue of the Web3 ecosystem, powering over 278 million app-to-wallet connections and facilitating secure interactions for more than 45 million unique users. The protocol’s infrastructure is already integrated into Solana applications like Drift, Helius, Meteora, Kamino, and Marinade via Reown’s AppKit—laying the groundwork for a seamless user experience post-WCT deployment.

WCT, WalletConnect’s native token, plays a vital role in the ecosystem. It currently powers staking and governance within the WalletConnect Network and is set to support fees and user incentives in the near future. With the expansion to Solana—home to over 100 million monthly active wallets—the number of WCT holders, already nearing 145,000, is expected to rise rapidly.

Robinson Burkey, Chief Commercial Officer and co-founder of the Wormhole Foundation, highlighted the importance of a fluid cross-chain experience: “Multichain should feel like one chain. WCT’s expansion to Solana using NTT is a clear signal—builders and users want secure, seamless value transfer across ecosystems. Wormhole is proud to support WalletConnect in this mission.”

The WCT expansion also advances WalletConnect’s long-term roadmap. New governance mechanisms, cross-chain incentive programs, and broader community participation initiatives are in the pipeline. The foundation has hinted at further integrations beyond Solana, reinforcing its strategy to become the go-to connectivity layer for decentralized apps and wallets across all blockchains.

The Solana airdrop is the second major distribution following a 50 million WCT airdrop in 2024. More details on eligibility, claiming procedures, and distribution timelines are expected soon.

This development comes amid a broader trend of protocols adopting multichain strategies to capture liquidity and user bases across ecosystems. With this move, WalletConnect boosts its utility and community footprint, as well as strengthens its position as a critical layer in the evolving Web3 infrastructure stack.

Read Also: Animoca Brands Invests in Astar to Boost Sony’s Web3 Entertainment Push

Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

Image Credits: WalletConnect

Solana WalletConnect Wormhole
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Arun Shakyawar
  • Website
  • X (Twitter)
  • LinkedIn

Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

More AlexaBlockchain

SynFutures Launches Builder Program to Expand Modular DeFi Ecosystem

June 11, 2025

Serenity, Zoniqx to Launch Biometric-Backed Tokenization Pilot in UAE

June 10, 2025

Bitcoin Surges Past $107,410 Amid Macro Uncertainty

June 9, 2025

No VIPs, VCs: MEXC Debuts Transparent Token Launch Platform

June 6, 2025

MEXC Fuels Stablecoin Growth with Ethena and USDe Push

June 5, 2025

Velora Unveils $VLR Token, Expands to Base

June 4, 2025
Add A Comment

Comments are closed.

Don't Miss

Sandeep Nailwal Becomes Polygon Foundation First CEO to Accelerate Agglayer, PoS 100K TPS Vision

SynFutures Launches Builder Program to Expand Modular DeFi Ecosystem

Serenity, Zoniqx to Launch Biometric-Backed Tokenization Pilot in UAE

Bitcoin Surges Past $107,410 Amid Macro Uncertainty

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.